NEW YORK, Aug 28 (Reuters) - Phillips 66 will
begin shuttering its 139,000 barrel-per-day (bpd) Los
Angeles-area refinery in September, people familiar with the
matter said.
The Los Angeles-area refinery will begin winding down
operations for permanent closure as early as next week, two
sources said.
Phillips 66 announced last year it would close the facility and
begin winding down operations by October 2025.
"The refinery units will begin idling by Q4 2025 as
planned... our timeline remains unchanged," a company
spokesperson said in an emailed statement on Thursday. The
company did not provide a more detailed timeline but noted that
the process of idling the facilities requires a complex,
multi-phased approach.
The company is expected to lay off most workers at the refinery
in December. The Los Angeles-area facility has about 600
employees and 300 contractors. Over half of the employees are
hourly workers represented by the United Steelworkers Union.
The company declined to comment on the status of our
employees.